Microeconomics is one of the major focus areas within the academic field of economics. While the scope and methods of microeconomics can be complex, its overall focus is relatively straightforward.

In contrast to microeconomics, macroeconomics takes a bird's-eye view of the economy as a whole. It focuses on aggregate variables, such as national income, inflation, unemployment, and economic ...

Economics is broadly divided into macroeconomics and microeconomics. The big picture, macroeconomics, concentrates on the behavior of a national or a regional economy as a whole: the totals of goods ...

The study of microeconomics focuses on individuals and businesses, while macroeconomics focuses on the decisions made by governments and countries. In macroeconomics, we examine the economy as a whole ...

Microeconomics is the study of individual choices in markets. In microeconomics, we consider the role consumers and businesses play in the economy and how consumers and businesses make their economic ...

Microeconomics explains how supply and demand determine prices; shifts in either affect pricing inversely. Investors gain from understanding microeconomics, identifying monopolistic markets and ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

There are two little debates going on in the economics blogosphere at the moment, two which have a bearing on my own suppositions about the subject. I say suppositions rightly for I must, as I often ...

Philosophy of Science, Vol. 51, No. 4 (Dec., 1984), pp. 573-594 (22 pages) This paper examines the relationship between modern theories of microeconomics and macroeconomics and, more generally, it ...